ST MARK'S FOUNDATION
The main purpose of the charity is the upkeep of Wychcroft House which is used by Southwark Diocese for training purposes. In addition, from the income generated from the properties and other investment assets within the trust, charitable donations are made to organisations and individuals at the discretion of the trustees.
Financial health, per its FY2025 accounts
The accounts state that free reserves of £56,820 are considered satisfactory by the trustees, providing financial flexibility. The charity reported a net expenditure of £7,264 for the year, driven by investment losses, but maintains total assets of over £3 million. The trustees confirm adequate resources for going concern.
What the accounts disclose
“During the year a contribution of £nil (2024: £3,250) was made to Mr and Mrs Wetter-Sanchez, both being trustees during the year, in respect of the use of the gardens adjacent to St Mark's Chapel.” — page 4
Trustees
- ERIK WETTER
- Henrik Wetter-Sanchez
- Luca Wetter-Sanchez
- MRS C WETTER-SANCHEZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £77k | £45k |
| 05/04/2024 | £63k | £29k |
| 05/04/2023 | £61k | £31k |
| 05/04/2022 | £58k | £79k |
| 05/04/2021 | £56k | £33k |
Common questions
Is ST MARK'S FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that free reserves of £56,820 are considered satisfactory by the trustees, providing financial flexibility. The charity reported a net expenditure of £7,264 for the year, driven by investment losses, but maintains total assets of over £3 million. The trustees confirm adequate resources for going concern. Its FY2025 accounts were independently examined.